Report over General Banking Citi Na
1.0 INTRODUCTION
1.1 Origin of the Report This report is an Internship Report prepared as a requirement for the completion of the BBA Program of the Independent University, Bangladesh (IUB). The primary goal of internship is to provide an on the job exposure to the student and an opportunity for translation of theoretical conceptions in real life situation. Students were placed in enterprises, organizations, research institutions as well as development projects. The program covers a period of 12 weeks of organizational attachment.
After the completion of required courses of academic BBA program and passing the comprehensive exam, I, Shafinaz placed in Citibank N.A., Bangladesh for the internship program under the guidance of my faculty advisor Associate Prof. Dr. Sarwar Uddin Ahmed. As a requirement for the completion of the program I needed to submit this report, which is “Corporate Governance in Banking Sector of Bangladesh”.
1.2 Background of the Report Corporate governance is a system of structures and processes to direct and control organizations and companies. It is considered to be one of the most critical factors today in improving the overall business practices in the globalized world and in bringing in more value to shareholders and stakeholders. Most countries at present have introduced Codes and Principles of Corporate Governance into the regulatory framework by central bank and the stock exchange regulators. Corporate governance is important for companies and firms as it specifies the distribution of rights and responsibilities among company’s stakeholders (including shareowners, directors, and managers) and articulates the rules and procedures for making decisions on corporate affairs. Thus, corporate governance provides the structure for defining, implementing, and monitoring the goals and objectives of companies, and ensuring accountability to appropriate stakeholders. Special emphasis is being placed in recent years
1.1 Origin of the Report This report is an Internship Report prepared as a requirement for the completion of the BBA Program of the Independent University, Bangladesh (IUB). The primary goal of internship is to provide an on the job exposure to the student and an opportunity for translation of theoretical conceptions in real life situation. Students were placed in enterprises, organizations, research institutions as well as development projects. The program covers a period of 12 weeks of organizational attachment.
After the completion of required courses of academic BBA program and passing the comprehensive exam, I, Shafinaz placed in Citibank N.A., Bangladesh for the internship program under the guidance of my faculty advisor Associate Prof. Dr. Sarwar Uddin Ahmed. As a requirement for the completion of the program I needed to submit this report, which is “Corporate Governance in Banking Sector of Bangladesh”.
1.2 Background of the Report Corporate governance is a system of structures and processes to direct and control organizations and companies. It is considered to be one of the most critical factors today in improving the overall business practices in the globalized world and in bringing in more value to shareholders and stakeholders. Most countries at present have introduced Codes and Principles of Corporate Governance into the regulatory framework by central bank and the stock exchange regulators. Corporate governance is important for companies and firms as it specifies the distribution of rights and responsibilities among company’s stakeholders (including shareowners, directors, and managers) and articulates the rules and procedures for making decisions on corporate affairs. Thus, corporate governance provides the structure for defining, implementing, and monitoring the goals and objectives of companies, and ensuring accountability to appropriate stakeholders. Special emphasis is being placed in recent years
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